Disliked{quote} Sorry, I should have been more explicit in my original question. Here it is rephrased:' "Was he a practicing statistician or mathematician that made his living from one or both endeavors?". And the answer is no. Although he did indeed have a degree in mathematics, his PROFESSION (i.e., he MADE A LIVING as) was a brewer. Even after he hired a statistical assistant at the brewery, I don't recall that his position was ever STATISTICIAN or something along those lines. Statistics was a passionate HOBBY of his, but not his profession. He was "Chief...Ignored
BUT, trading is not a hobby, it is either you do it or you don't. For example, you open a restaurant, there is no hobby owner, you either are a restaurant owner that makes money or you don't. If one is learning how to trade, either uses a demo account until he learns, or uses live account with very small lots like micro, to feel what is it like to earn money or lose money, that is fine. But when you are ready and learn to trade, even if you have other source of income, you invest your time and money into trading and you want to earn. But you are not a hobby trader, or anything like that, that would be waste of time. In trading, there are things that WORK, and there are thing that DO NOT WORK. There is nothing in between.
